IDP Education (IEL.AX)

Net assets on the balance sheet as of June 2024 : $0.35 Billion USD

According to IDP Education's latest financial reports the company has $0.35 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IDP Education - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$0.34 B	9.33%
2022-06-30	$$0.31 B	7.47%
2021-06-30	$$0.29 B	7.97%
2020-06-30	$$0.27 B	149.78%
2019-06-30	$$0.10 B	44.17%
2018-06-30	$$74.98 M	9.87%
2017-06-30	$$68.24 M	15.18%
2016-06-30	$$59.25 M	77.93%
2015-06-30	$$33.3 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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IDP Education (IEL.AX) - Net assets